Selasa, 02 Agustus 2011
Nuclear: too hot to handle...>>Recent reports about the potential of BHP Billiton to delay uranium production from its massive Olympic Dam project, and Resource Minister Martin Ferguson’s urging of the NSW coalition government to overturn the state’s ban on uranium mining, suggests differing views about the outlook for the nuclear industry.>>> Further delays and cost overruns at new generation nuclear plants being developed in Europe by French companies have also raised questions about the cost factor, particularly with the extra safety measures that would appear to be an inevitable consequence of the Fukushima incident>>> Meanwhile... Yet Indonesia has enormous renewable energy potential. Energy sources such as geothermal power could readily meet up to 40 per cent of the country’s energy needs. Unless reversed, Indonesia’s current trends of expanding coal-fired power plants in order to respond to energy shortages and of heavily subsidising dirty energy will see the country fall radically short of its 2025 renewable energy targets. These trends will also continue to drain the country’s financial resources and deplete government budgets...>>.
"We think (nuclear energy) is uninvestable for public equity markets. EDF may be willing to take on the construction risks but none of the other (big utilities) are willing to do that." EDF, he noted, is an exception because it is majority-owned by the French government.
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